Loading Content...
Demographic Analysis of Zip Code 62877: Predominantly White Community with Recent Economic Fluctuations
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
Loading Content...
Demographics
Population
Median Income
Racial Distributions
The zip code 62877 in Richview, Illinois, is classified as a "Low Diversity" community as of 2022. The area is predominantly white, with 95% of the population identifying as white. This classification has remained consistent over the past decade, indicating a stable racial composition in the community.
Over the past decade, Richview has maintained its status as a "Low Diversity" community. The white population has consistently represented over 90% of the total population, with minimal fluctuations. There have been slight increases in diversity, particularly in the "two or more races" category, which grew from 0% in 2014 to 3% in 2022. The Hispanic population has shown a slight increase from 0% in earlier years to 2% in 2022.
The median income in Richview has shown fluctuations over the past decade. From 2013 to 2019, the median income remained relatively stable, ranging from about $49,000 to $54,000. However, there was a significant increase in 2020 and 2021, with median incomes reaching $74,598 and $75,937 respectively. This increase coincided with a notable decrease in population, from 533 in 2019 to 471 in 2020, and further down to 454 in 2021.
In 2022, there was a decline in median income to $55,246, along with a further population decrease to 417. This recent drop in both income and population could indicate economic challenges or shifts in the community.
The demographic stability of Richview contrasts with national trends towards increasing diversity in many areas of the United States. While many communities across the country have seen growing Hispanic populations and increases in multiracial identification, Richview has maintained its predominantly white composition.
The population decline from 562 in 2010 to 417 in 2022 represents a decrease of about 25.8% over 12 years. This level of population loss could have implications for the local economy, services, and community vitality.
While Richview has maintained its status as a "Low Diversity" community over the past decade, it has experienced significant economic and population changes. The recent volatility in median income and the continuing population decline suggest that the community may be facing challenges that could shape its future demographic and economic profile.
